Lenders are and have always been responsible for maintaining compliance with flood insurance requirements for the loans in their portfolio as well as for the loans which they originate.
by Brooke Blake
John Byrne, who is Senior Federal Counsel at the American Bankers Association and is on the Board of Advisors and a frequent author for BANKERS' HOTLINE, was honored by Department of the Treasury's
It's interesting to note that in a poll taken of community financial institutions, the number one concern of bankers is the cost of regulatory compliance.
General Session speaker William Isaac, Chief Executive Officer & Managing Director, Secura Group, Washington, D.C...."Banks should not try to be the K-Mart of the financial industry.